Carlsberg signed up to global commitments to reduce harmful use of alcohol and committed EUR 25m for investment in Russian environmental projects over five years, in partnership with UNIDO.

Voluntary offer and delisting of Baltika Breweries completed.

Commenting on the results, CEO Jørgen Buhl Rasmussen says: “Our Q3 performance was in line with our expectations and we are on track to meet our full-year outlook. We are particularly pleased that our sustained efforts to drive our international premium brands and our local power brands are resulting in continued positive market share performance across all three regions. It is particularly positive to report that we are back on a growth trend in Russia where in Q3 we grew market share quarter-on-quarter and year-on-year. While we will remain focused on driving our commercial agenda, becoming more efficient remains a top priority for the Group and we still see significant long-term opportunities in this area, with particular focus on Western Europe.”